PANews, June 12, reported by GlobeNewswire, that Canadian Bitcoin technology company Matador Technologies Inc (TSXV: MATA) announced that it has spent CAD 798,000 (approximately USD 581,198) to acquire an additional 5.38 Bitcoins. The average acquisition price for these 5.38 Bitcoins was USD 107,217 each, including fees and expenses. This acquisition increased Matador's Bitcoin holdings to approximately 69 Bitcoins (and Bitcoin equivalents).

Bitcoin technology company Matador Technologies Inc (TSXV: MATA) announced that it has closed the final round of its non-brokered private placement to raise C$1,455,700 through the issuance of 2,347,903 units at C$0.62 per share. To date, the company has raised a total of C$4.6 million through the issuance of 7,419,354 units through three rounds of financing. The company said the funds raised will be used for the Bitcoin acquisition plan. The previous two rounds of funding were completed on May 30 and June 4, respectively, and the private placement was initially announced on May 22. （GlobeNewswire）

Gate News bot message, Canadian tech company Matador Technologies (TSXV: MATA) recently completed a round of private sale financing without intermediaries, raising a total of 1.575 million Canadian dollars. The funds raised will be used in three directions: Bitcoin acquisition, gold business, and the advancement of the Grammies platform, as well as the company's daily operations.